Texas Bankruptcy Laws

Police Seeking 2 In Death of Man Dumped in Pit  read more...


FBI cites escalating mortgage fraud problem (Reuters via Yahoo! News)   Mortgage fraud is an escalating problem in the United States, the FBI said on Tuesday in a report that cited the subprime lending crisis as a key contributing factor.read


Home sales dip 10% last month  New home sales fell by the largest amount in almost nine years in February while home prices declined for a fourth straight month, raising concerns that the once high-flying housing


No political party has much to brag about in working for the common good  Now comes the war hero congressman calling for the immediate withdrawal of our troops from Iraq.read more...


Furniture stores provide design assistance At Home Nashville   Where: 2104 Crestmoor Road Phone: 463-8865 Web site: www.athomenashville.com At Home Nashville offers full interior design services along with its retail shop, which features a modern twist on traditional


Metro area foreclosures climb 36%  Metropolitan Indianapolis' sky-high pace of home foreclosures continued last year as lenders took back about 27,500 houses -- almost 36 percent more than in 2005.Commentread more...

January 17th, 2008

Lehman to Cut 1,300 Mortgage Jobs

“While it was necessary for us to structure our mortgage origination businesses in the U.S. to reflect the change in industry dynamics, we deeply regret the impact this action has on our people”

Lehman Brothers Holdings Inc. on Thursday said it would cease wholesale mortgage lending in the U.S. because of the continued housing slump, a move that includes 1,300 jobs cuts and a $40 million charge. via Palm Beach Post



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